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maw [93]
3 years ago
9

Using the following information what is the velocity of​ money?

Business
1 answer:
OleMash [197]3 years ago
7 0

Answer:

10.14

Explanation:

Velocity of money measures the rate at which money changes hands or is exchanged in an economy.

Velocity = (Price × aggreagrate income) / money supply

(1.69 × $15000) / $2500 = 10.14

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Jerilyn is in the early stages of an inoperable cancer. she has prepared a signed and witnessed written document directing her f
klemol [59]

Answer:

Living will.

Explanation:

Living will can be described as a legal document in which an individual clearly states the type of treatment he or she will prefer in a situation whereby they are unable to communicate their wishes.

A living will enables an individual to make the right decision on the form of life support treatment that he or she would prefer to help aviod any form of confusion.

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3 years ago
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Buying or selling stock is _____.
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INVESTING IS THE CORRECT ANSWER ]

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The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-
ANEK [815]

Answer:

Cash $10,430 ; Cash equivalents $20,400

Explanation.

Cash consist of all currencies in hand or any convertible asset which can be converted to cash immediately.

It is to be noted that the assets with high liquidity will be included in cash and cash equivalent balance. They can quickly be converted to cash and would normally have 90 or lesser days to mature.

Solution.

$

Cash in bank. 8,540

Petty cash. 250

Check from customer. 1,350

Money order. 290

Cash. 10,430

The check has a very short maturity period since it will clear within 3-4 working days.

Money order can be cashed immediately .

Therefore;

Cash value is $10,430

For cash equivalent,

Cash equivalent = Money market fund balance + Treasury bills maturing in 60days

Cash equivalents = $10,400 + $10,000

=$20,400.

The amounts considered as cash and cash equivalents as of 31 December are ;

Cash $10,430 , $20,400 respectively.

8 0
3 years ago
With regard to a futures contract, the long position is held by a. the trader who plans to hold the contract open for the length
vfiekz [6]

Answer:

The answer is e. the trader who commits to purchasing the commodity on the delivery date.

Explanation:

The long position in a forward position agrees to buy the stock when the contract expires. The long futures position is an unlimited profit, unlimited risk position that can be entered by the futures speculator to profit from a rise in the price of the underlying

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3 years ago
Which section of a proposal identifies the problem and discusses the goals of the project?
gladu [14]

Answer:

Background, problem, and purpose

Explanation:

A project proposal consists of multiple segments. The section titled Background, problem and purpose outlines the context of the project and the problem that it seeks to address. In essence, this section provides a brief overview of the project purpose and the subsequent sections of the proposal add additional details which are relevant to the execution of the project.

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3 years ago
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